Content
@
0 reply
0 recast
0 reaction
Maretus
@maretus
With the creation of the /insider-trading channel, Iâve realized just how many people are learning to trade. So, tonight weâll talk about trading strategies! Here are a couple that I think are important: 1) Layering out to take profit: One of my biggest challenges has been knowing when to take profit and when to hold. I tend to either sell too early and miss the majority of profit or hold too long and round trip stuff. Lately though, I have been layering out of positions and it works much better. Things are pumping? Sell 25% and re-assess. If it keeps running, keep taking some off the table. But always leave yourself a moonbag - unless youâre sure itâs all deadweight. 2) Cutting your losses. Sometimes you have to cut a position at a loss to put the money to better use. This shouldnât be done lightly though as itâs a quick way to burn through your funds. That said, donât be afraid to cut a loser. What about you? What trading strategies do you use most often or find the most effective?
30 replies
27 recasts
102 reactions
SuperMin79.base.eth đ©
@superminj
Assuming you entered well. In a bull market, you should refrain from pressing the sell button. The urge to sell will be very great, but you have to endure it. And I have to draw the picture that I want. I need to analyze the target I invested as much as possible and collect a lot of information. Only then can you make the maximum return. Selling is art. Something we must remember!
0 reply
1 recast
2 reactions
